3 Comments
User's avatar
jeff's avatar

Wouldn't retail sales be down mechanically because wages are rising slower than CPI, i.e. you can't buy as much stuff?

Expand full comment
Alan Baerlocher's avatar

Yes there are multiple factors weighing on retail sales. Expect the pressure to be sustained.

Expand full comment
David B's avatar

The easy play is buying puts on FAZ

Expand full comment